Atal Pension Yojana FY25 adds 11.7 million new customers – CNBC TV18

Atal Pension Yojana FY25 adds 11.7 million new customers – CNBC TV18


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AP, now in its tenth year,

The minimum guarantee of â‚ı 1,000 to â‚ı 5,000 provides monthly pension to customers starting from the age of 60. After the death of the subscriber, the pension for the spouse continues.

After the death of the two, the corpus nominee is returned by the age of 60 to the nominee.

PFRDA highlighted that women made about 55% new customers this year.

Last year, PFRDA expanded the path to open the Atal Pension Yojana (APY) accounts. As per the instructions, customers have the flexibility to choose any of the three central records agencies (CRAs) to start and maintain their APY accounts.

Under this structure, APY customers can choose their favorite Cra between CAMS, KFIN, and protein EGov technologies for initiation and maintenance of their accounts.

APY contribution is collected from customers’ savings bank accounts or post office savings bank accounts through auto-debit.

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